Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: marcusmaximus
The Saudis already quietly offered to sell oil to Asian customers at a discount rate that matched Russia's discounted price, so this should have minimal impact on oil prices.

Another benefit of Trump in office, unlike Blinken the retard who torpedoed the US-Saudi alliance to kiss Iranian butt.

7 posted on 07/31/2025 8:23:35 AM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
[ Post Reply | Private Reply | To 1 | View Replies ]


To: All

This article isn’t very clear. It says state owned refineries have suspended purchases (and with only a week of history on this, that seems suspect), but rather more odd is that — being state owned — they then in the next sentence talk about requesting guidance from the gov’t for future purchases.

India consumes 5 million bpd. They produce about 800K bpd. So they must import 4.2 mbpd. Of this amount, about 2 mbpd is Russian. It varies 300K up and down various months.

The remaining 2 come from the Middle East. The measurement is generally seaborne. India has a vast network of internal crude pipelines (that 800K domestic production is very regional and so it must transport nationwide), but geography has obstructed various suggestions I can recall over the year of pipelines for crude import. And Pakistan to the west would obstruct direct import from Iran.


11 posted on 07/31/2025 8:34:43 AM PDT by Owen
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson